October 11, 2004

Telus named to DJSI for fourth year

VANCOUVER, BC-Telus has been named to the Dow Jones Sustainability Index (DJSI) for the fourth consecutive year in recognition of excellence in corporate sustainability. In the 2004 DJSI rankings, Telus is again the only North American telecommunications company to be recognized and is one of only 13 Canadian companies on the global list of 318 organizations. Inclusion in the Index influences the investment decisions of asset managers in 14 countries who use the DJSI to benchmark the leading companies in global corporate sustainability. "This accomplishment reaffirms TELUS' sincere commitment to corporate social responsibility and implementing practices and values that support our efforts to achieve long-term, sustainable growth," said executive vice-president and CFO Robert McFarlane. Companies are chosen for the DJSI ranking based on their ability to create long-term shareholder value by embracing opportunities and managing risks associated with economic, environmental and social developments. Top-ranking companies actively lead their industries in setting best practices in strategy, innovation, governance and relations with shareholders, employees and other stakeholders. The annual review of the DJSI is based on a thorough assessment of companies' economic, environmental and social performance and accounts for more than 50 general as well as industry specific criteria in each sector.
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